Bitcoin (BTC) is falling to the bottom of a crucial barrier, but many altcoins fell a lot harder last night. In fact, many cryptocurrencies lost 30% or more of their value in April, which has historically been a green month for the market. The total market cap of all crypto stands at $1.80 trillion today, down 2.8% today and as much as 18% this month.
Ethereum Drops 16% in April
Ethereum (ETH) lost traction at USD 3,500 in early April and also failed to hold at USD 2,800 last night. ETH briefly dipped to USD 2,730 last night and recovered to USD 2,770 this morning. With that, ETH is down 2.2% today and down 16% this month.
DOGE & BNB held up best in April
Dogecoin (DOGE) received a boost from Elon Musk last month, so the price is slightly less deep in the red than the rest. Still, it is down 3% today to USD 0.131, down 8% in April. Binance Coin (BNB) also held up relatively strongly, but is still down 3% today and 12% this month to $385.
SHIB, LUNA, SOL deep in the red
Then the losses quickly start to mount. Shiba inu (SHIB) is down 5% today and 22.3% this month and now stands at $0.000021. Terra (LUNA) is down 4.1% to $80 today, marking a 24% drop from a month ago. Solana (SOL) is down 4.9% today and 27% this month to $89.
XRP, ADA, DOT, AVAX Dropped Fastest in April
Ripple (XRP) is down 4.5% to $0.59 today, already down 30% this month. Polkadot (DOT) is down 7% today at $15 and is down 32.4% from 30 days ago. Cardano (ADA) is down 4.4% today and is even down 35% this month and now stands at $0.777. However, Avalanche (AVAX) was the biggest loser in April. AVAX is down 5.1% today, but down as much as 40% this month. AVAX is currently trying to take back $60.
Crypto top 100 biggest fallers today
Lots of hard falls today. For example, enjin (ENJ), aave (AAVE), synthetix (SNX) and klaytn (KLAY) are down 9%. Theta (THETA), uniswap (UNI), thorchain (RUNE), sandbox (SAND) and helium (HNT) are already down 10%. Decentraland (MANA), fantom (FTM), gala (GALA) and harmony (ONE) are down 11%. Lido (LDO) is down 12% and nexo (NEXO) and zilliqa (ZIL) by 13%. Filecoin (FIL) is even down 15% and apecoin (APE) no less than 24%.
Crypto top 100 biggest fallers of April
This month, eos (EOS), tezos (XTZ), elrond (EGLD), polygon (MATIC) and chainlink (LINK) are about 35% in the red. Algorand (ALGO), cosmos (ATOM), uniswap (UNI), internet computer (ICP), hedera (HBAR), filecoin (FIL) are down about 40% compared to 30 days ago. Sandbox (SAND), vechain (VET), ethereum classic (ETC) and decentraland (MANA) were down about 45%. Thorchain (RUNE) was the biggest loser from the top 100 in April and is down as much as 49%.
However, there was a single exception in April: green metaverse token (GMT), also known as STEPN. The GMT price is down 8.5% today, but still up 60% compared to April 1.
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